Heathridge at a glance
7,794
People
$980,000
Median sale
$695/wk
Median rent
3.69%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
WA › Heathridge › Balanus Way
$1,000,000
Last sold
17 Apr 2026
4
Bedrooms
2
Bathrooms
0
Car spaces
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,000,000
17 Apr 2026 · derived via latest_sale
Heathridge at a glance
7,794
People
$980,000
Median sale
$695/wk
Median rent
3.69%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Vs Heathridge
+2.0%
Median sale
Suburb $980,000
-0.08 pp
Gross yield
Suburb 3.69%
Suburb median $980,000 from 69 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
JOONDALUP
Zone
Residential
1
Jurisdiction
Joondalup
Joondalup, WA
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $695/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
2 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 692 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Heathridge at a glance
7,794
People
$980,000
Median sale
$695/wk
Median rent
3.69%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthLooking for your next renovation project? This home is full of potential and just needs someone to bring it back to life. Being sold in a "as is" basis, it's a great opportunity for renovators, investors, or buyers ready to add their personal touch
.Unlock the potential of this spacious two-story (approx 223sqm of living), four-bedroom, two-bathroom home, perfectly positioned on a generous, 690sqm (approx) corner block just moments from Belridge Shopping Centre, local schools, parks and everyday conveniences.
Brimming with opportunity, this property is ready for a visionary buyer to roll up their sleeves and transform this “ugly duckling” into a stunning swan. With solid bones and a flexible floorplan, there's ample scope to modernize, refresh and create a home that truly reflects your style.
Inside, the two-story layout offers excellent separation for families, with multiple living zones and four well-sized bedrooms providing space for everyone. The two bathrooms service the home comfortably, while the layout lends itself beautifully to renovation or reconfiguration.
Step outside and discover even more potential — a separate pool house/games room adds valuable extra space, ideal for entertaining, a teenage retreat, home office or future guest accommodation. With some imagination, this could become the ultimate indoor-outdoor entertaining zone.
Set on a prominent corner block, there's room to enhance street appeal, add additional parking, or create landscaped gardens to complement the home's transformation.
Whether you're a renovator, investor or growing family with vision, this is your chance to secure a substantial property in a convenient, family-friendly location and add serious value.
Bring your creativity. Reimagine the possibilities. And turn this diamond in the rough into something truly special.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Gaylene Bicheno, The Agency Perth — reproduced as published, not verified by Districts.